Ramaco expands Brook Mine to 5M tons/yr, ups credit facility to $400M, hires ex-White House official

Ramaco Resources, Inc.

Raised $200M in new equity from Morgan Stanley and Goldman Sachs; market cap increased by over $1B.
Board authorized doubling Brook Mine coal output to 5M tons/yr and REO output to ~3,400 tons/yr (from 1,240).
KeyBank offered $400M revolver, expandable to $550M; five-year term for general corporate and REE development.
New Weir TRS with higher cut-off grade (~500 ppm); Hatch Ltd. leading PFS due Q1 2026.
Hired Joseph M. Stopper as SVP Planning & Analysis; he previously served on White House National Energy Dominance Council.

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